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Wan Kei Group Announces Positive Profit Alert for 2025

Story Highlights
  • Wan Kei Group expects a net profit of at least HK$1,000,000 for the six months ending September 2025.
  • The profit is due to a major project, reduced expenses, and gains on assets and subsidiaries.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Wan Kei Group Announces Positive Profit Alert for 2025

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Wan Kei Group Holdings Limited ( (HK:1718) ) just unveiled an announcement.

Wan Kei Group Holdings Limited has announced a positive profit alert, expecting to record a net profit of not less than HK$1,000,000 for the six months ending September 30, 2025, compared to a net loss of approximately HK$11,739,000 in the same period of 2024. This turnaround is attributed to a significant foundation construction project with a higher gross profit margin, reduced general and administrative expenses, a fair value gain on financial assets, and a gain on the disposal of subsidiaries.

The most recent analyst rating on (HK:1718) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Wan Kei Group Holdings Limited stock, see the HK:1718 Stock Forecast page.

More about Wan Kei Group Holdings Limited

Wan Kei Group Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in foundation construction projects. The company operates in the construction industry, focusing on projects that offer higher gross profit margins.

Average Trading Volume: 1,440,209

Technical Sentiment Signal: Sell

Current Market Cap: HK$96.36M

For an in-depth examination of 1718 stock, go to TipRanks’ Overview page.

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